Data & financial journalist covering global economics and policy
The U.S. and Japan have taken the rare step of intervening together in the currency market, buying yen after the battered currency’s prolonged decline against the U.S. dollar. Sharp movements in the yen can affect Japanese demand for American assets, the cost of hedging dollar investments and conditions in the Treasury market. The move followed…
The Federal Reserve’s latest projections show steady economic growth, persistent inflation above 2% and a slower path to interest rate cuts.
Foreign investors now hold more than $9 trillion in U.S. Treasurys, but growing purchases by advanced economies contrast with pullbacks by China and other emerging markets.
Tesla’s stock is a fascinating case study—one that not only reflects traditional market forces but also captures the increasingly powerful influence of the CEO’s political leanings on investor’s confidence.